Body Central (BODY) Promotes Tom Stoltz to COO, Will Serve as Interim CEO; New Board Member Named
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Body Central Corp. (Nasdaq: BODY) announced that Thomas W. Stoltz has been promoted to Chief Operating Officer and named interim Chief Executive Officer. Mr. Stoltz has served as the Company's Executive Vice President, Chief Financial Officer and Treasurer since September 2011 and replaces B. Allen Weinstein, the Company's former Chief Executive Officer. Mr. Weinstein has advised the Company's Board of Directors that he is retiring and, therefore, effective August 16, 2012, has resigned as Chief Executive Officer and from the Board of Directors.
As interim CEO, Mr. Stoltz will manage the Company's daily operations with assistance from Body Central's existing senior leadership team. Mr. Stoltz will also continue to serve as Body Central's Chief Financial Officer.
The Company announced that Robert Glass has been appointed to the Board of Directors. Mr. Glass, with 38 years of retail leadership experience, served as president-COO and CFO at Loehmann's for 16 years, from 1994 until his retirement in 2010. During Mr. Glass's tenure at Loehmann's, he led the company through an IPO, two private transactions and an organizational and financial restructuring. Mr. Glass's professional experience, prior to Loehmann's, included CEO of Valley Advisors, a privately held furniture retailer, COO of Thrifty Drug, a $2 billion retail drug store chain, and COO and CFO of Gold Circle Stores, a Division of Federated Department Stores..
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As interim CEO, Mr. Stoltz will manage the Company's daily operations with assistance from Body Central's existing senior leadership team. Mr. Stoltz will also continue to serve as Body Central's Chief Financial Officer.
The Company announced that Robert Glass has been appointed to the Board of Directors. Mr. Glass, with 38 years of retail leadership experience, served as president-COO and CFO at Loehmann's for 16 years, from 1994 until his retirement in 2010. During Mr. Glass's tenure at Loehmann's, he led the company through an IPO, two private transactions and an organizational and financial restructuring. Mr. Glass's professional experience, prior to Loehmann's, included CEO of Valley Advisors, a privately held furniture retailer, COO of Thrifty Drug, a $2 billion retail drug store chain, and COO and CFO of Gold Circle Stores, a Division of Federated Department Stores..
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